The Axis Bank has inked a multi-year deal with Amazon Web Services the cloud computing arm of e-commerce giant Amazon to power the digital transformation programme of the bank for meeting the growing demand for its digital banking services
NIPUN stands for National Initiative for Proficiency in Reading with Understanding and Numeracy and has been launched under the aegis of the centrally sponsored scheme of Samagra Shiksha.
Andy Jassy, former head of Amazon Web Services (AWS), takes charge of Amazon.com's operations from Monday. The 53-year-old replaces Jeff Bezos as the CEO of the world's largest e-commerce firm.
The RBI has extended the validity of the interest equalization scheme for pre-and-post-shipment rupee export credit by three months through 30 September 2021.